News

Barclays made a pre-tax profit of £5.879bn in the year to 31 December 2011, 3% down from the previous year and a slightly larger fall than analysts had forecast.

Jelf has warned that many of the key recommendations of the Sickness Absence Review are unlikely to ever be realised and called its decision to ignore income protection (IP) as ‘madness'.

Cuna Mutual is offering three months free accident wage protection to credit union members.

An FSA promise to re-visit the absence of a time limit on complaints in financial services "seems to have slipped off the radar", according to MP Mark Garnier, who has pledged to take the regulator to task on the issue.

The Bank of England's decision today to pump an extra £50bn into the UK economy is likely to drive annuity rates down further, insurers have warned.

Parents are risking the financial security of their families should they become seriously ill by not buying critical illness (CI) protection.

The Bank of England's Monetary Policy Committee (MPC) has increased its quantitative easing programme by £50bn as it looks to shore up the UK's ailing economy.

Phone hacking at News International has cost Rupert Murdoch's News Corporation nearly $200m (£126m) to date, the company said last night, as it warned it could not predict the final bill.

The Tax Incentivised Savings Association (TISA) has completed the initial stages of its platform re-registration project, and a contract club will now have responsibility for delivering electronic transfers.

Fidelity is set to expand its multi-asset fund range with the launch of the Multi-Asset Income fund for managers Richard Skelt and Eugene Philalithis.